The July 2013 Cape Coral market report represents all sales that occurred within city limits during the month of July and are based on averages. Each zip code is represented with total number of sales for both single family homes and condos, the percentage of distressed sales that closed from the total number of sales and average list price to sales price ratio.

Cape Coral Zip Code 33904

Cape Coral Zip Code 33909

Cape Coral Zip Code 33914

Cape Coral Zip Code 33990

Cape Coral Zip Code 33991

Cape Coral Zip Code 33993

Cape Coral All Zip Codes July 2010-2013

The Cape Coral real estate market in July showed a marked improvement in condo sales citywide and a very small increase over June sales in the single family sector. Price per square foot is now at the highest level ($111) we have seen in years – that’s a 28% increase since July 2012!! Inventory is still at lows not seen since the boom.

It makes for pretty exciting news for existing homeowners. Price your home right, make it easy to for people to see, and keeping it clean all go a long way to achieving the goal of a successful sale.

As home prices and interest rates rise it will begin to affect affordability for many buyers. My advice to anyone considering buying a home: get your financing options figured out so you know how much you can afford and prepare to be aggressive in making offers.

I feel confident in saying that the bottom of the market passed us quite some time ago.

So what can you buy in Cape Coral for the average sales price of July 2013?

For a customized market value of your home or list of available homes fill out the form below or contact us directly at 239.541.5363.

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The June 2013 Cape Coral market report represents all sales that occurred within city limits during the month of June and are based on averages. Each zip code is represented with total number of sales for both single family homes and condos, the percentage of distressed sales that closed from the total number of sales and average list price to sales price ratio.

Cape Coral Zip Code 33904

Cape Coral Zip Code 33909

Cape Coral Zip Code 33914

Cape Coral Zip Code 33990

Cape Coral Zip Code 33991

Cape Coral Zip Code 33993

Cape Coral All Zip Codes June 2010-2013

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June prices softened slightly and number of closed homes were a smidge lower than last month. Price per square foot remains unchanged but days on market decreased. The gap between asking and sales price also shortened by one percent.

What does this mean for Cape Coral homeowners and buyers? With inventory at it’s lowest levels in several years we are entering a seller’s market again. Interest rates are staying pretty steady after the big run up experienced recently but who knows how long that will last before they rise again.

We’re experiencing an interesting shift right now in the local markets. Big things are happening: lots of new construction in both commercial and residential, unemployment is declining and big business is coming – most notably Hertz. With the influx of people coming in for new jobs I anticipate a steady rise in asking prices.

Homeowners that wish to put their home on the market – price competitively, declutter, accommodate showings. While your current home may be appreciating so is the home you are eyeballing. All things are commensurate.

For you buyers out there, try not to get disappointed if your first offer (or first five) is not accepted. Be prepared to offer a larger earnest money deposit and to cover much of your closing costs at time of close. Make your offer as clean as possible with tight timelines and few contingencies.

If you have questions let us know – we’re here to help!

So what can you buy in Cape Coral for the average sales price of June 2013?

For a customized market value of your home or list of available homes fill out the form below or contact us directly at 239.541.5363.